Ripple explicitly denies IPO plans. With a valuation of $40 billion and ample funds, the company is shifting towards acquisitions and product expansion to build digital asset infrastructure connected to traditional finance.
Ripple, a blockchain payments company, President Monica Long stated that the company currently has no IPO plans and emphasized that Ripple’s financial health is solid. Instead of going public, the company prefers to expand through acquisitions and product development.
In an interview with Bloomberg on Tuesday, Monica Long mentioned: “At this stage, we still plan to remain private. Typically, companies pursue an IPO to gain investor support or liquidity in the public market, but our financial situation is very healthy. We are fully capable of continuing to fund and invest in the company’s growth without going public.”
Ripple completed a $500 million private placement last November, valued at $40 billion, with top institutional investors including Fortress Investment Group, Citadel Securities, and other leading firms.
It is worth noting that while there is curiosity about whether this round of funding includes investor protections such as “Put Options” or “Priority Payment Rights,” Monica Long only responded that “the transaction structure is very favorable to Ripple” without elaborating on details.
Looking ahead to 2025, Ripple’s expansion has accelerated significantly, with nearly $4 billion invested and four companies acquired, marking a transition from a payment service provider to a comprehensive digital asset infrastructure:
As of last November, Ripple Payments had processed transactions exceeding $95 billion. After acquiring Hidden Road, Ripple Prime has recently expanded into collateralized lending and institutional XRP-related products.
Notably, Ripple’s USD stablecoin RLUSD has become a core pillar supporting these two major businesses.
Monica Long pointed out: “Our entire company’s strategy is to build truly usable products. For traditional finance to smoothly connect with blockchain, cryptocurrencies, stablecoins, and various tokenized assets, a ‘key link’ layer is needed, and that is exactly the role Ripple aims to play — enabling these technologies to be practically applied in the real world.”
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